From CNBC TV18: 2024-04-08 23:42:55

The Destiny Tech100 fund, traded under the ticker DXYZ on the NYSE, has seen a 818% rise since its listing on March 26, soaring to $825 million. The fund has investments in 23 companies, with a focus on industry giants like SpaceX, Epic Games, and OpenAI, projecting to expand to 100 companies.

The fund holds a 34.6% stake in SpaceX, valued at $18.4 million as of December 31. Other notable stakes include Epic Games at 4%, OpenAI at 3.8%, and Chime at 1.9%. International investors may access US-listed stocks through certain brokerage platforms, potentially including the Destiny Tech100 fund.

Investors in India can consider opening international brokerage accounts to trade US securities, potentially including shares of the Destiny Tech100 fund. Brokerage platforms may facilitate access to US-listed stocks and funds traded on the NYSE.



Read more at CNBC TV18: A fund that invests in SpaceX and OpenAI has surged over 9 times in two weeks